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FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
#106
#107
Bulk
PUBLISHED RESERVE:
$1,350,000*
$99,500* $1,449,500*
SIZE:
19,336± S.F. Building on .66± Acre Site
.58± Acre Development Site
*Sales of #106 and #107 are subject to sealed bids in the aggregate to equal, or exceed, $1,449,500.
LAST ASKING:
$1,975,000
ZONING:
RM2 -- Multi-family Residential
PROPERTY INSPECTION:
Date
Time
Wednesday, October 21
11 a.m. to 2 p.m.
Wednesday, November 4 11 a.m. to 2 p.m.
FINANCING:
None – All Cash
DESCRIPTION:
The nineteen unit, three-story
Rodina Retirement Building, with a .58± acre
development site, is located in Salem, Oregon,
along Fisher Road NE, near the 99E Exit at I-5
and Chemeketa Community College. Several
newer assisted living centers are located on
Fisher Road NE, south of the property.
AuctionProperty #106, 19,336± square foot build-
ing, is 90% completed. An estimated $225,000 is
required inorder to complete construction,which
New Nineteen Unit Group Home, Residential Care Facility, or Assisted
Living Opportunity with Additional Ten Unit Development Site
106
and
107
N
I-5
Fisher Road NE
#
106
#
107
Highway 99 E
Chemeketa
Community College
Please Note: Sketch plan is conceptual only. Neither the Seller nor its
agents have submitted plan or made any applications to a public agency.
Auction Property #107